\begin{table}[h!]
    \centering
    \caption{Developer Participation Responses to Variation in 421-a Incentive}
    \label{tab:main_logit}
    \small
    \begin{tabular*}{\textwidth}{@{\extracolsep{\fill}}lccccccc@{}}
\toprule
 & (1) & (2)            & (3)              & (4)        & (5)          & (6)         & (7)              \\  \addlinespace
Fixed Effects:                  & None     & \multicolumn{3}{c}{Borough} & \multicolumn{3}{c}{Neighborhood Tabulation Area} \\ \cmidrule{2-2}\cmidrule{3-5}\cmidrule{6-8}
Controls:                   & None       & None   & Lot   & Lot \& Block       & None & Lot & Lot \& Block      \\ \midrule \addlinespace
421-a Incentive           & $$logit0_starbeta$$    & $$logit1_starbeta$$      & $$logit2_starbeta$$        & $$logit3_starbeta$$ & $$logit4_starbeta$$    & $$logit5_starbeta$$      & $$logit6_starbeta$$ \\
                         & ($$logit0_se$$)    & ($$logit1_se$$)      & ($$logit2_se$$)        & ($$logit3_se$$) & ($$logit4_se$$)    & ($$logit5_se$$)      & ($$logit6_se$$) \\ \addlinespace 
$N$                       & $$logit0_n$$    & $$logit1_n$$      & $$logit2_n$$        & $$logit3_n$$ & $$logit4_n$$    & $$logit5_n$$      & $$logit6_n$$ \\
Clusters & $$logit0_clust$$    & $$logit1_clust$$      & $$logit2_clust$$        & $$logit3_clust$$ & $$logit4_clust$$    & $$logit5_clust$$      & $$logit6_clust$$ \\ \addlinespace \midrule \addlinespace
Marginal Effect         & $$margins0_starbeta$$    & $$margins1_starbeta$$      & $$margins2_starbeta$$        & $$margins3_starbeta$$ & $$margins4_starbeta$$    & $$margins5_starbeta$$      & $$margins6_starbeta$$ \\
 & ($$margins0_se$$)    & ($$margins1_se$$)      & ($$margins2_se$$)        & ($$margins3_se$$) & ($$margins4_se$$)   & ($$margins5_se$$)      & ($$margins6_se$$) \\ \addlinespace
 Std.\ Dev.\ of $\Delta e_i$                      & $$sd0_starbeta$$    & $$sd1_starbeta$$      & $$sd2_starbeta$$        & $$sd3_starbeta$$ & $$sd4_starbeta$$    & $$sd5_starbeta$$      & $$sd6_starbeta$$ \\ 
   & ($$sd0_se$$)    & ($$sd1_se$$)      & ($$sd2_se$$)        & ($$sd3_se$$) & ($$sd4_se$$)   & ($$sd5_se$$)      & ($$sd6_se$$) \\\addlinespace \bottomrule
\end{tabular*}
      

        	\begin{spacing}{1}
\begin{tablenotes}
      \item \footnotesize \textit{Notes:} This table reports robustness checks of estimates of the participation effect of the present-value tax-rate differential $\Delta\tau_i$ from providing onsite inclusionary housing under the 421-a exemption. To the baseline specification in Equation \ref{eq:logit}, Columns 2--4 respective add lot controls from PLUTO and Census block controls from the 2017 ACS and 2010 Census. In Columns 5--7, I replace the borough fixed effects with neighborhood fixed effects and reintroduce the lot and block controls. I always also include fixed effects for year of initial permit issuance. Marginal effects reflect the percentage-point increase in the onsite inclusionary housing participation rate per percentage-point increase in the tax incentive. Standard errors are clustered at the neighborhood level. $\sym{*} = p < 0.10$, $\sym{**} = p < 0.05$, $\sym{***} = p < 0.01$.
      \end{tablenotes}
       \end{spacing}
\end{table}